Defined Benefit (Pension) · DOL Form 5500 · 2023

Nextier Bank, National Association Pension Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
30
Participants Small participant base
42nd
Percentile by assets National rank
$146,214
Avg per participant Above avg balance/head
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Official DOL plan name: Nextier Bank Pension Plan · Sponsored by Nextier Bank, National Association · Pennsylvania · Finance & Insurance

$4M in assets, 30 participants

Nextier Bank, National Association's Nextier Bank Pension Plan reported $4M in total assets and 30 participants in its 2023 DOL Form 5500 filing, ranking in the 42nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,608 in Finance & Insurance (8,869 peers)

2023 asset change

Nextier Bank Pension Plan contracted severely 63.1% in 2023 ($12M → $4M) for 30 participants.

#2,608
in Finance & Insurance (8,869 peers)
-63.1%
assets change YoY

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nextier Bank Pension Plan's mid-pack asset rank among Finance & Insurance and all filers

Nextier Bank Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$4,386,434 42nd percentile higher than 42% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Nextier Bank Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nextier Bank Pension Plan is a small filing (30 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nextier Bank Pension Plan reported net income fell from -$2M in the plan year 2022 filing to -$7M in the plan year 2023 filing.
  • Nextier Bank Pension Plan end-of-year assets fell from $12M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Nextier Bank Pension Plan reported participants fell from 31 in the plan year 2022 filing to 30 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 250660700 · Nextier Bank, National Association PY 2023 · Defined Benefit (Pension)

Nextier Bank Pension Plan · $4M · 30 · 42nd

  • PCT $4M
  • EIN 30
  • RANK 42nd
  • PHOTO Defined Benefit (Pension)
  • IND near Metal Engravers Union Local 34 Pension Plan
  • EOY ind #2608

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Pennsylvania →

Nextier Bank Pension Plan in the asset neighbourhood

Nextier Bank Pension Plan$4MMark Broudo M.D. P.a. Pension PlanMark Broudo M.D. P.a. Pensio…$4MClendenin Brothers Incorporated Retirement Income PlanClendenin Brothers Incorpora…$4MMetal Engravers Union Local 34 Pension PlanMetal Engravers Union Local …$4MTexans Credit Union Defined Benefit Plan and TrustTexans Credit Union Defined …$4M
End-of-year total assets ($M) among Nextier Bank Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Nextier Bank, National Association years around the 2023 move

Sponsor-wide plan assets over time

All Nextier Bank, National Association plans reported in each filing year

Latest sponsor-wide plan assets
$27M 2.0679860629822984% vs 2022
2024 filing year
$22M$24M$26M$28M$30M 202220232024 $27.7M $27.1M ▼ -2.1%
Year Plans Participants Total Assets
2022 2 312 $28M
2023 2 313 $23M
2024 1 284 $27M

2023 asset-move particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$4M
Net Income-$7M
Employer EIN250660700
Plan Effective Date1964-12-31
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Nextier Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Nextier Bank Pension Plan, Total assets ($B): 0.004386434 · Participants: 30Nextier Bank Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Nextier Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Nextier Bank Pension Plan side-by-side with 3 peers →

Nextier Bank Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Metal Engravers Union Local 34 Pension Plan in IL ($4M); by covered participants it is The M/a/R/C Group Pension Plan in NY (30 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (30 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nextier Bank Pension Plan assets move in 2023? ▼
Nextier Bank Pension Plan contracted severely - down 63.1% during 2023, from $12M to $4M. Reported net income was -$7M.
How have Nextier Bank, National Association plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nextier Bank, National Association's sponsor-wide assets declined 2.1%, from $28M to $27M.
Which Defined Benefit (Pension) plans are similar in size to Nextier Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Metal Engravers Union Local 34 Pension Plan in IL ($4M, 45 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Nextier Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The M/a/R/C Group Pension Plan in NY (30 participants, $20M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 250660700.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.